Abstract
The main objective of this study was to investigate the relationship between financial incentives and employees performance as well as to know the magnitude of impact of each of the offered financial incentives on the performance of employees. The research includes primary and secondary data sources. Primary data was collected through closed ended questionnaire which was prepared through five points Likert Scale. Using simple random sampling method one hundred questionnaires were distributed among employees work in National Bank of Pakistan. National Bank of Pakistan is one of the largest financial institutes in the country which has domestic and foreign branches and large pool of employees work since long time. Secondary data was collected through published records, annual reports and other published material of the bank. In order to know the internal consistency among items used in questionnaire, chronback alpha was used and the results of all independent and dependent variables’ items were significant and internally consistent. Data was analyzed using multiple regression technique with the help of software i.e. statistical packages for social sciences (SPSS). The data analysis results of multiple regression confirmed that independent variables i.e. salary, bonus, promotion, group insurance, medical allowance and interest free loans have significant impact on dependent variable i.e. employees performance. The research studies concluded that financial incentives offered by National Bank have significant impact on their employees performances.
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